• Purchase Orders Received for New National Hotel Distribution.
• Nightfood Ice Cream Sold Out Debut on vCommerce Leader QVC®.
• iDEAL Hospitality Partners Showcases Nightfood Line at Major Hotel Industry Trade Show.
• CEO and Largest Shareholder, Sean Folkson, Extends 100% Share Lock-Up Additional Twelve Months, Into February 2023.
• HotelBusiness.com Publishes Nightfood Vision of the Future of Hotel Snacking.
• Nightfood Won the Real California Milk Excelerator Competition, Securing $150,000 Top Prize to Support Hotel Launch of Nightfood Ice Cream.
Nightfood, Inc. (OTCQB: NGTF) is pioneering the nighttime snack category. Over 80% of Americans snack regularly at night, resulting in an estimated 700 million nighttime snack occasions weekly, and an annual spend on night snacks of over $50 billion. The most popular choices are ice cream, cookies, chips, and candy. Recent research confirms such snacks, in addition to being generally unhealthy, can impair sleep, partly due to excess fat and sugar consumed before bed. Pepsi, Unilever and Nestle have shown interest in healthier night snacking and sleep-friendly nutrition.
NGTF sleep-friendly snacks are formulated by sleep and nutrition experts to contain less of those sleep-disruptive ingredients, along with a focus on ingredients and nutrients that research suggests can support nighttime relaxation and better sleep quality.
By signing up at ir.nightfood.com, investors can receive updates of filings and news releases in their inbox.
NGTF recently-launched a premium hotel banner with approximately 20 locations across the country, boasting a focus on wellness, including nutrition and sleep. It is a division of one of the five major hotel brands in the United States.
“It’s exciting to be starting a new corporate-level relationship with a second global brand so quickly after announcing receipt of our first national hotel purchase orders,” remarked Nightfood CEO Sean Folkson. “As with our previous test with our first global hotel partner, this pilot is being initiated and overseen at the brand level by individuals who make decisions for multiple brand-owned chains. We believe a successful test could lead to distribution in multiple chains owned by the brand, representing potential new distribution in thousands of hotels.”
Management believes hotels have an obligation to help guests sleep better at night, and that sleep-friendly snacks will soon become hotel industry standard. Nightfood is launching its national hotel distribution in May, as it rolls into a major extended-stay hotel chain with approximately 500 properties in the U.S., which is owned by a leading global hospitality company.
Nightfood recently announced that it secured “Recommended Brand” status with Remington Hotels, a leading hotel management company with 121 hotels in its portfolio.
Nightfood Ice Cream Featured on vCommerce Leader QVC®
On April 6th NGTF announced that Nightfood ice cream would make its debut on QVC®, a world leader in video commerce (vCommerce), on Wednesday, April 6th in the hour between 3 and 4 PM eastern. NGTF founder and CEO Sean Folkson will make his first appearance on QVC to introduce Nightfood snacks.
Available for purchase on any of the QVC platforms and apps is the eight-pint NGTF sample bundle, including four of the most popular NGTF flavors: Midnight Chocolate, Cookies n’ Dreams, Cherry Eclipse, and Cold Brew Decaf.
iDEAL Hospitality Partners Showcase of Nightfood at Major Hotel Industry Trade Show in April
On March 15th NGTF announced that iDEAL Hospitality Partners planned to be exhibiting and promoting Nightfood snacks at the Asian American Hotel Owners Association (AAHOA) 2022 conference and trade show in Baltimore from April 12 – April 15, 2022.
The Asian American Hotel Owners Association is the largest hotel owner’s association in the nation and its 20,000 members own approximately 60 percent of the hotels in the United States. The association’s annual show welcomed more than 6,000 attendees in 2021.
NGTF is focusing distribution efforts on the hotel vertical, where the top 5 hotel brands account for over 26,000 properties among the 56,000 total hotels in the United States, according to the American Hotel & Lodging Association.
The hotel brand that conducted the test has initiated the process to launch NGTF ice cream pints into one of its largest chains, with more than 500 locations in the United States.
HotelBusiness.com Publishes Nightfood Vision of the Future of Hotel Snacking
On December 6th NGTF announced that HotelBusiness.com published an article authored by NGTF CEO Sean Folkson about the opportunity and obligation for hotels to make sleep-friendly snacks available to their guests via their lobby pantry shops.
HotelBusiness.com and Hotel Business magazine provide industry-leading content, insight, and analysis on important and trending topics and issues within the hospitality industry.
NGTF Wins $150,000 in Prize Money for Accelerating National Hotel Rollout
The NGTF ice cream sandwich won the Real California Milk Excelerator grand prize of $150,000 in marketing support for its hotel launch. As the champion, NGTF has secured the first place prize of $150,000 to invest in marketing support for the hotel launch of a new line of ice cream sandwiches.
For more information on Nightfood, Inc. (NGTF) visit: https://www.nightfood.com
DISCLAIMER: This article is purely for informational purposes and is not a recommendation in any way for buying or selling stocks
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